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Jigsaw Trading's Peter Davies - Ask Me Anything (AMA)


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Jigsaw Trading's Peter Davies - Ask Me Anything (AMA)

  #701 (permalink)
emini2000
Atlanta GA USA
 
Posts: 285 since Aug 2013
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matthew28 View Post
Sorry, I can't remember, it was quite a while ago.

Hey matthew28!

I was doing some Jigsaw searching and noticed you are a platform user. I tried to send you a PM asking but you don't accept PMs. Could you direct me to any threads you have on your use of Jigsaw and your experiences with it? It would be greatly appreciated.

Thanks!


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  #702 (permalink)
 SpeculatorSeth   is a Vendor
 
Posts: 780 since Apr 2016
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It would be easier for people to understand what you are doing if we had a picture of your DOM settings (just the parameters page should be fine), and which instrument you are trading.

- SpeculatorSeth
  #703 (permalink)
 HiLatencyTRDR HLT 
Midway florida
 
Posts: 462 since Dec 2018


I have never understood how anyone thinks they can use latent volume profiles in this nano second /pico second era of trading and think they have an edge.

However, if they are using this and it helps them with whatever it is they are seding then terrific. i am blown away with the popularity of the JIGSAW?

my question is?

do you have an inhouse exeprt or trader who is doing live trades with a live account using your jigsaw trader and do you post the results or do you have an algo that has been built to utilize your jigsaw in a real live trading account and if so what are the results?

obviously it is a tool but i can easily show you how a real world tool a hammer a saw or even a butter knife can be used just how is say to use it with consistent results.


do you have any real world results from say a consistent algo?

  #704 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532


chipwitch View Post
I went to youtube to see if I could see examples of JS in action.

Here's a quick video from today for current reference. It is 4:40am ET so before RTH session and the market is slow, but this is ES on CQG data with ten levels of snapshot switched on.
Personally I never used it as unless it is a slow market the fact it resets on every price change just added more columns of flashing numbers as the orderbook increases or decreases by small amounts as expected, except when there is an obvious iceberg (or pulling of liquidity) and that is clear to see anyway.
https://www.screencast.com/t/TWosGUMon

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
  #705 (permalink)
 
chipwitch's Avatar
 chipwitch 
Nashville, TN
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader, Continuum Data
Trading: MES for now... baby steps
Posts: 322 since Feb 2022
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matthew28 View Post
Here's a quick video from today for current reference. It is 4:40am ET so before RTH session and the market is slow, but this is ES on CQG data with ten levels of snapshot switched on.
Personally I never used it as unless it is a slow market the fact it resets on every price change just added more columns of flashing numbers as the orderbook increases or decreases by small amounts as expected, except when there is an obvious iceberg (or pulling of liquidity) and that is clear to see anyway.
https://www.screencast.com/t/TWosGUMon

Thanks for posting the video. I don't have a video repository account. I hope it's alright to upload videos. I'm new to OBS but recorded a short vid of the SC DOM and uploaded for comparison. SC updates stack/pulls very different from JS.

I have stacks/pulls setup on either side of price. Depth is to the far right with red and green background. Note that the each p/s value persists. I'm not exactly sure how SC calculates it but the values are definitely not going to zero when price changes (except for the far outside b/a price). Also note the sum p/s. JS doesn't have that to my knowledge. I wonder if there is a parameter in JS that would add the sum p/s and not reset after every change in price?

Attached Files
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  #706 (permalink)
 
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 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
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chipwitch View Post
I hope it's alright to upload videos.

Yes, it's fine.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
Thanked by:
  #707 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532


chipwitch View Post
Also note the sum p/s. JS doesn't have that to my knowledge. I wonder if there is a parameter in JS that would add the sum p/s and not reset after every change in price?

No there isn't a sum total.
There is a Snapshot Filter, default zero, which can be set to not show low numbers. So set at 1 for example and the zeroes disappear leaving gaps (pictured).
Also a Snapshot Style setting of Delta or Original explained in the manual but it still resets on a price change.

The Sierra Charts version from your video looks more usable to me. I think with Jigsaw resetting it might be useful on thick markets but then pulling and stacking is obvious anyway, but in current volatile markets the Jigsaw version doesn't seem much use to me.
I hadn't realised you have Sierra Charts. I think the Jigsaw DOM is better than Ninja, I have never used Sierra Charts though and everything I have read about it says it is complicated to learn but it can do anything you want when you have it worked out.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
  #708 (permalink)
 
chipwitch's Avatar
 chipwitch 
Nashville, TN
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader, Continuum Data
Trading: MES for now... baby steps
Posts: 322 since Feb 2022
Thanks Given: 230
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matthew28 View Post
No there isn't a sum total.
There is a Snapshot Filter, default zero, which can be set to not show low numbers. So set at 1 for example and the zeroes disappear leaving gaps (pictured).
Also a Snapshot Style setting of Delta or Original explained in the manual but it still resets on a price change.

The Sierra Charts version from your video looks more usable to me. I think with Jigsaw resetting it might be useful on thick markets but then pulling and stacking is obvious anyway, but in current volatile markets the Jigsaw version doesn't seem much use to me.
I hadn't realised you have Sierra Charts. I think the Jigsaw DOM is better than Ninja, I have never used Sierra Charts though and everything I have read about it says it is complicated to learn but it can do anything you want when you have it worked out.

Have you tried the NT Static DOM? It is okay, but doesn't show stacks/pulls. The "Dynamic DOM" is completely unusable especially during volatile periods. Maybe the dynamic is usable for algorithms, but I couldn't follow it at all.

Sierra Chart DOM is pretty good. I agree that it is way better than the NT DOM. The SC interface isn't what I would call "user friendly" though there are people who'd argue that point. The DOM itself isn't too hard to set up and use, but the documentation was helpful and necessary. I think SC is only so-so graphically. But it is super fast to load. I haven't explored their API yet, but I understand that is where it's power lies.

  #709 (permalink)
 
matthew28's Avatar
 matthew28 
United Kingdom
 
Experience: Beginner
Platform: Bookmap
Broker: Stage 5, Rithmic
Trading: US Equity Index Futures
Posts: 1,250 since Sep 2013
Thanks Given: 3,500
Thanks Received: 2,532

@chipwitch

I only tried Ninja briefly ages ago and didn't particularly get on with it so no recent experience of any new platform features or improvements.

I haven't tried Sierra Charts partly because the learning curve seemed so steep and I tried other options instead.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
  #710 (permalink)
 shokunin 
Manchester, United Kingdom
 
Experience: Advanced
Platform: Sierra Chart
Broker: Optimus Futures, Rithmic, Denali
Trading: ES
Posts: 85 since Jul 2020
Thanks Given: 6
Thanks Received: 157


I have two Rithmic accounts from different brokers. These are completely separate logins; I do not mean a single login with multiple sub-accounts.

One of the accounts is Execution Only and does not have market data.
The other account has market data.

Is it possible to configure Jigsaw so it executes on one account, but receives data from the other?

Thanks.


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Last Updated on April 13, 2023


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